Compare Paylocity and PayScale MarketRate - Mar 2022

Shlomi LaviShlomi Lavi / Mar 15, 2022

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Bottom Line: Which is Better - Paylocity or PayScale MarketRate?

PayScale MarketRate is more expensive to implement (TCO) than Paylocity, and Paylocity is rated higher (94/100) than PayScale MarketRate (91/100). PayScale MarketRate offers users more features (5) than Paylocity (0).

Looking for the right Human Resources solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Paylocity Vs. PayScale, Inc.

Paylocity: At Paylocity, our mission is to elevate the profession of Payroll and Human Resources out of the back office and into the boardroom where it belongs. We do this by providing clients with the same caliber Cloud software solutions found in other critical areas such as Sales, Finance, and Operations. One of our primary goals at Paylocity is to ma...

PayScale, Inc.: PayScale MarketRate gives you instant access to current salary data that matches your positions and your company. Eliminate compensation guesswork. Stop overpaying employees. Reduce the risk of losing top performers. Cut HR Costs.

Who is more expensive? Paylocity or PayScale MarketRate?

The real total cost of ownership (TCO) of Human Resources software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Paylocity and PayScale MarketRate.

Paylocity price starts at $5 per employee/month + $500 setup fee , On a scale between 1 to 10 Advanced HR is rated 4, which is lower than the average cost of Human Resources software. PayScale MarketRate price starts at $219 per user/month , When comparing PayScale MarketRate to its competitors, the software is rated 6 - similar to the average Human Resources software cost.

Bottom line: PayScale MarketRate is more expensive than Paylocity.

Which software includes more/better features?

We've compared Paylocity Vs. PayScale MarketRate based on some of the most important and required Human Resources features.

Paylocity: We are still working to collect the list of features for Paylocity.

PayScale MarketRate: Appraisal Performance, Employee Self-Service, HR Management, Payroll, Performance Record.

Target customer size

Customers of the software include small and medium sized businesses as well as large enterprises. Customers of the software include small and medium businesses as well as large enterprises.



Paylocity

ITQlick rating
(4.2/5)

starts at $5 per employee/month + $500 setup fee

Paylocity Advanced HR is a cloud-based HCM solution designed to help the users simplify how they perform their everyday payroll and human resource tasks. The core features include payroll, human resources, bene...

Categories: Applicant Tracking, Employee Performance Management, Database Management.

PayScale MarketRate

ITQlick rating
(4.6/5)

starts at $219 per user/month

PayScale MarketRate software is a cloud-hosted human resource and compensation management solution that is engineered to serve businesses of every size. The solution provides precise and on-demand compensation ...

Categories: Compensation Management, HR Analytics.

Compare specifications

Compare features

Paylocity: 0 Features

We are working to collect the list of features

PayScale MarketRate: 5 Features

Appraisal Performance
Employee Self-Service
HR Management
Payroll
Performance Record
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Paylocit...
ITQlick rating
4.2/5
Score
94/100
Pricing
5.6/10
License pricing
$5 per employee/month + $500 setup fee
Functionality
3
Compare
PayScale...
ITQlick rating
4.6/5
Score
91/100
Pricing
6.4/10
License pricing
$219 per user/month
Functionality
7
Gusto
ITQlick rating
4.7/5
Score
99/100
Pricing
4/10
License pricing
$39 per month
Functionality
20
Review
Workforc...
ITQlick rating
4.1/5
Score
98/100
Pricing
2/10
License pricing
$6 per employee/month
Functionality
32
Workday ...
ITQlick rating
4.3/5
Score
98/100
Pricing
10/10
License pricing
$45 per employee/month
Functionality
3

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.